acc_250_week_4_dq_1_and_dq_2.docx

Week 4Discussion QuestionWeek 4 DQ1Due Week 4 Day 2 (Tuesday)Post your response to the following discussion question by clicking onReply.Computer Accounting with Peachtree Complete 2009 covers how to enter payroll information for hourly and salary employees. Why is it important to enter information precisely? What are the consequences if the information is not correct?Payroll information must always be entered precisely as employees rely on their paychecks to be correct and many have budgeted expenses that need to be paid from each paycheck. If the information is incorrect, there are many consequences within the system. The taxes paid from the employee and the company will be calculated incorrectly if the information inputted is not precise. This can cause the company and the employee to make anoverpaymentor underpayment of taxes. Vacation time can also get miscalculated